The company reported standalone net profit of Rs 1.91 crore for the quarter ended March 31, 2026 as compared to Rs 52.36 crore in the same period last year, registering a year-on-year decline of 96.35 per cent.
Net revenue of the company declined substantially by 54.74 per cent at Rs 22.51 crore in January-March quarter of this fiscal as against Rs 49.73 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 25.20 per cent to Rs 20.39 crore from Rs 27.26 crore in year ago period.
Other Income dipped by 99.64 per cent at Rs 0.28 crore versus (Mar'25 Rs 78.28 crore).
Operating Profit slipped by 90.57 per cent to Rs 2.12 crore as against Rs 22.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 79.15 per cent in March quarter.
Interest declined by 71.05 per cent y-o-y to Rs 0.22 crore, while Taxation decreased by 101.38 per cent at Rs -0.04 crore (Mar'25 Rs 2.90 crore).